The education of the real estate professional is changing and
aligning itself more closely with the world of business.
This book takes a new approach to property appraisal by exploring
the pricing mechanism in this changing context. It:
* develops the notion of the pricing mechanism in relation to
property
* covers practical issues of comparison and the real problems in
applying valuation theory
* explores calculations - including social and environmental worth
- ignored in other texts
As real estate professionals now advise both on strategic and
operational aspects of built assets, they must take into account
practices of other investment markets and see investors as
competitors to owner-occupiers. Both owner-occupiers and investors
have to assess accurately how their buildings perform but also be
aware of wider sustainability issues, and social and environmental
responsibilities.
Real Estate Appraisal: from value to worth meets these new demands
by examining the latest techniques of the marketplace; developing
an understanding of both market appraisal and worth; and
highlighting the emerging role of sustainability as a driver for
decision-making in real estate.
Written by a group of highly experienced lecturers and
professionals at the cutting edge of investment practice, the book
has an accessible style and authoritative coverage, for both
students and practitioners facing changes in established ways of
working.
For supporting material please go to
www.blackwellpublishing.com/sayce
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